Hedge Funds

Math whizzes at Financial Labs


Mathematical whizzes are the genius behind the new hedge fund shop, Financial Labs. Hoping to follow the success of Renaissance Technologies, Aaron Sokasian and his team are using directional models based on genetic programming to make bets on G7 currencies within the FX market.

Using the approach taken by Renaissance in building a team with strong mathematical and scientific backgrounds, Sokasian has lured four Harvard University graduate trained physicists and astrophysicists to Financial Labs. Similar to the Darwinian principal of selection, genetic programming in layman's terms generates profitable trading algorithms for financial securities. These trading models are developed and